2020-11-10T08:47:12-06:00 2019-12-31 EISNERAMPER LLP 733 THIRD AVENUE NEW YORK NY 100172703 990 2019-01-01 141457573 Storm King Art Center % DWAYNE JARVIS STOR 8455343115 1 Museum Road NEW WINDSOR NY 12553 JOHN P STERN PRESIDENT 8455343115 2020-11-09 true CANDICE METH P01306891 2129498700 2020-11-09 64.238.150.4 13478420203155000001 2020-11-10 P 6A21FCEF213BC2DFDD790967E698FB2CCDE4B113 DC5E94CE362A360034E9302FF9203022F81B915C 2019 2021-01-29 14:40:06Z JOHN P STERN 1 MUSEUM ROAD NEW WINDSOR NY 12553 14845385 false X WWW.STORMKING.ORG X 1960 NY Storm King Art Center exhibits, acquires, borrows, and conserves modern and contemporary art, focusing on large-scale sculpture sited in its expansive landscape 19 17 129 23 111968 20123747 8784591 2395693 2547094 553030 274346 91700 139778 23164170 11745809 0 0 0 0 4599958 4404125 167241 115000 1039229 4647586 3942406 9414785 8461531 13749385 3284278 57393301 66453648 1018271 916532 56375030 65537116 STORM KING ART CENTER EXHIBITS, ACQUIRES, BORROWS, AND CONSERVES MODERN AND CONTEMPORARY ART, FOCUSING ON LARGE-SCALE SCULPTURE SITED IN ITS EXPANSIVE LANDSCAPE, TO CREATE A DYNAMIC AND UNIQUE PLACE TO EXPLORE ART IN NATURE. false false 4892196 2547094 MUSEUM EXHIBITIONS AND OPERATIONS: Storm King displays, interprets, and selectively collects significant modern and contemporary artwork. Storm Kings display includes works from its collection, site-specific commissions, long-term loans, and annual exhibitions. 713169 COLLECTION CONSERVATION: Storm King is committed to conserving its collection for long-term display outdoors and for educational opportunities for our growing audience. To this end, Storm King strives to maintain the highest standards of site security, environmental control, and conservation practices. 790302 EDUCATION: Through its Education Department and Public Programs, Storm King invites visitors of all ages to participate and experience art and nature. Deeper learning and research is made possible through a wide range of partnerships, publications, and archival initiatives. 6395667 true true false false false false true true false true true true false false false true true false false false true false false true true false false false false true false false false false false false false false true false false false false false false false false true 40 0 true 129 true true true false false false false true true false false false false false false X 19 17 true false false false false false false true true false false true true true true true true true true false NY X DWAYNE JARVIS 8455343115 1 MUSEUM ROAD NEW WINDSOR NY 12553 JOHN STERN PRESIDENT 40.0 0.0 X X 348188 0 9504 DAVID COLLENS EXECUTIVE DIRECTOR 40.0 0.0 X X 190100 0 23723 AMY WEISSER STRATEGIC PLANNING & PROJECTS 40.0 0.0 X 171931 0 29557 ANTHONY DAVIDOWITZ ASSISTANT SECRETARY 40.0 0.0 X 169773 0 13274 RACHEL LEBBY COKER DEP. DIR. OF EXT AFFAIRS 40.0 0.0 X 173959 0 5150 NORA LAWRENCE SENIOR CURATOR 40.0 0.0 X 115077 0 27424 DWAYNE JARVIS ASSISTANT TREASURER 40.0 0.0 X 106379 0 3382 ROBERTA DENNING CHAIR 2.0 0.0 X X 0 0 0 PETER A BIENSTOCK Vice Chair 2.0 0.0 X X 0 0 0 HUME R STEYER SECRETARY 2.0 0.0 X X 0 0 0 DAVID DIAMOND TREASURER 2.0 0.0 X X 0 0 0 CHRISTOPHER ELLIMAN TRUSTEE 2.0 0.0 X 0 0 0 JANE R GLADSTONE TRUSTEE 2.0 0.0 X 0 0 0 CATHY FRANK HALSTEAD TRUSTEE 2.0 0.0 X 0 0 0 DEBBY LANDESMAN TRUSTEE 2.0 0.0 X 0 0 0 JENNIFER NAPIER NOLEN TRUSTEE 2.0 0.0 X 0 0 0 JAMES H OTTAWAY JR TRUSTEE 2.0 0.0 X 0 0 0 NICHOLAS A POLSKY TRUSTEE 2.0 0.0 X 0 0 0 THOMAS A RUSSO TRUSTEE 2.0 0.0 X 0 0 0 RICHARD J SMITH TRUSTEE 2.0 0.0 X 0 0 0 BEATRICE STERN TRUSTEE 2.0 0.0 X 0 0 0 LISA STERN TRUSTEE 2.0 0.0 X 0 0 0 STEPHEN S TREVOR TRUSTEE 2.0 0.0 X 0 0 0 ADAM D WEINBERG TRUSTEE 2.0 0.0 X 0 0 0 1275407 0 112014 7 false true false paratus group 568 broadway suite 602 NEW YORK NY 10012 architects 386766 Claire Weisz Architects LLP 224 Centre Street 5th Floor NEW YORK NY 10013 ARCHITECTS 260000 2 221983 1154676 7407932 788034 8784591 ADMISSIONS FEES 900099 2218743 2218743 MISCELLANEOUS PROGRAM REVENUE 900099 328351 328351 2547094 227517 175 227342 0 0 0 0 0 2846525 2799696 46829 46829 2488 44341 112275 1154676 112275 0 0 0 218078 187605 30473 30473 REVENUE FROM PRIVATE EVENTS 713940 109305 109305 109305 11745809 2547094 111968 302156 0 0 0 0 814441 618975 97733 97733 0 2837005 2098344 264199 474462 87442 66456 10493 10493 342900 313588 4969 24343 322337 244977 38680 38680 0 15247 11587 1830 1830 53500 40660 6420 6420 0 115000 115000 132319 132319 355573 320841 28175 6557 160694 136590 24104 438513 276707 157537 4269 251036 188277 50207 12552 0 61848 46386 12370 3092 116268 88364 13952 13952 0 0 0 0 677202 602710 74492 208930 191171 15670 2089 COST OF EXHIBITIONS 218594 218594 BUILDING AND GROUNDS 434629 413793 17363 3473 DEVELOPMENT/MEMBERSHIP 303845 62827 20942 220076 OTHER EXPENSES 514208 454820 55180 4208 8461531 6395667 1026635 1039229 2893285 3970705 1329108 1339044 15860590 15735568 0 0 0 0 0 0 0 0 373234 346985 128343 193084 33322069 19163373 11353253 14158696 12369416 16144551 12975299 14515799 0 0 0 0 110773 49216 57393301 66453648 1015578 916424 0 0 2693 108 0 0 0 0 0 0 0 0 0 0 0 0 1018271 916532 X 37868661 42069278 18506369 23467838 56375030 65537116 57393301 66453648 3284278 5877808 X false true X true false X 3669120 5163068 5226600 20123747 8784591 42967126 0 0 3669120 5163068 5226600 20123747 8784591 42967126 22884402 20082724 254070 101377 131510 372720 227517 1087194 111968 111968 262271 273372 325617 91700 30473 983433 45149721 5608631 0.44480 0.40834 X Schedule A, Part II, Line 10 Other income consists of visitor center sales and facility usage. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 30.00 1 1 1 false true X X X X false 2610424 4722 2615146 0.00000 1.00000 0.00000 false false 5611454 5611454 11513630 4923349 6590281 16196985 14240024 1956961 14158696 PRIVATE EQUITIES 251713 F HEDGE FUNDS 14264086 F 14515799 0 0 X 17491298 5877808 5877808 11613490 132319 132319 11745809 8329212 8329212 132319 132319 8461531 Schedule D, Part II, Line 9 CONSERVATION EASEMENT - THE LAND OWNED BY THE ART CENTER IS INCLUDED IN THE ART CENTER'S BALANCE SHEET. THERE IS NO REVENUE AND MINIMAL EXPENSE ASSOCIATED WITH THE CONSERVATION EASEMENT, AND ACCORDINGLY, THERE IS NO FOOTNOTE DISCLOSURE REGARDING THE EASEMENT. Schedule D, Part III, Line 4 Storm King Art Centers permanent collection is comprised of more than 120 contemporary and modern sculptures created by some of the most acclaimed artists of our time, including Alexander Calder, Mark di Suvero, Louise Nevelson, Isamu Noguchi, and David Smith. Additionally, the collection includes world-renowned site-specific installations by Maya Lin, Richard Serra, and Andy Goldsworthy, amongst others. Storm Kings collection is essential in the development of educational and public programs as well as exhibition planning. In conformity with the practice followed by many museums, purchased and donated artworks are not included in the statement of financial position, nor are the loan values associated with borrowed artworks. In 2019, total artwork was insured by the Art Center for $208,000,000. The fair value of borrowed artworks was $218,110,048 in 2019. It is the Art Center's policy to insure transported items in the collections at their current fair market value. SCHEDULE D, PART V, LINE 4 THE ART CENTER'S ENDOWMENT CONSISTS OF TWO INDIVIDUAL DONOR-RESTRICTED FUNDS: ONE FOR SUSTAINING THE SALARY OF AN ANNUAL EDUCATIONAL INTERN AND THE SECOND SUPPORTING ARTISTIC EXCELLENCE, SPECIFICALLY TO SUPPORT THE ANNUAL EXHIBITION. Schedule D, Part X, Line 2 The Art Center is subject to the provisions of the Financial Accounting Standards Board's (the "FASB") Accounting Standards Codification ("ASC") Topic 740, Income Taxes, as it relates to accounting and reporting for uncertainty in income taxes. the art center is subject to potential unrelated business income tax relating to its investment activities and certain other revenues. Because of the Art Center's general tax-exempt status, management believes ASC Topic 740 has not had, and is not expected to have, a material impact on the Art Center's financial statements. Central America and the Caribbean Investments 12449271 12449271 12449271 true false false false false false Part I, Line 3, Column (f) Amount reported using the accrual basis of accounting. X X X X true Development GuildDDI Inc Fundraising Counsel false 115000 115000 NY Gala 1007913 920613 87300 87300 Sum. Solctice 141200 116225 24975 24975 1 117838 117838 1266951 1154676 112275 112275 112275 X X X X false false false false false false false false false JOHN STERN PRESIDENT 348188 0 0 0 8768 736 357692 0 DAVID COLLENS EXECUTIVE DIRECTOR 190100 0 0 0 4990 18733 213823 0 ANTHONY DAVIDOWITZ ASSISTANT SECRETARY 169773 0 0 0 4335 8939 183047 0 RACHEL LEBBY COKER DEP. DIR. OF EXT AFFAIRS 173959 0 0 0 4415 735 179109 0 AMY WEISSER STRATEGIC PLANNING & PROJECTS 171931 0 0 0 4590 24967 201488 0 X 788034 FMV false true true SCHEDULE M, PART 1, LINE 32B THE ART CENTER UTILIZES A THIRD-PARTY BROKER TO SELL DONATED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 President and Board Member John P. Stern is the brother of thE BOARD MEMBERS LISA AND BEATRICE STERN. FORM 990, PART VI, SECTION B, LINE 11B ONCE APPROVED BY MANAGEMENT, THE DRAFT FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW, COMMENTS AND APPROVAL. A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BOARD BY THE AUDIT COMMITTEE PRIOR TO E-FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL EXECUTIVE COMMITTEE BOARD MEMBERS and senior management staff ARE REQUIRED TO REVIEW THE CONFLICT-OF-INTEREST POLICY. ANY NEW MEMBERS ARE REQUIRED TO REVIEW THE POLICY BEFORE ACCEPTING THE POSITION. AT COMMITTEE MEETINGS ANY CONFLICT-OF-INTEREST ISSUES ARE RAISED, DISCUSSED AND RESOLVED AS NECESSARY. ALL BOARD MEMBERS ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT-OF-INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15B Compensation packages are reviewed annually by the Compensation Committee of the Board based on comparison to industry standards. Additional consideration is given to available funding sources for supporting the compensation package. Beatrice Stern and Lisa Stern recuse themselves during the vote and approval of John P. Stern's compensation. FORM 990, PART VI, SECTION C, LINE 19 THE ART CENTER MAKES ITS GOVERNING DOCUMENTS, CONFLICT-OF-INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.